2 bedroom apartment for sale
Available
Yersin Court, Swindon, SN1 4GY
£70,000 · Shared Ownership Resale

Share percentage 50%, full price £140,000, £3,500 Min Deposit.

Available
2 bedrooms
£70,000 Shared Ownership Resale

Share percentage 50%, full price £140,000, £3,500 Min Deposit.

Monthly Cost: £668
Rent £194, Service charge £125, Mortgage £349*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Summary

This beautifully-presented apartment in Swindon, Wiltshire is available for sale through the Shared Ownership Scheme.

Description

This beautifully-presented apartment in Swindon, Wiltshire is available for sale through the Shared Ownership Scheme. The property comprises open plan fitted kitchen/living area, two spacious bedrooms, bathroom with WC and hallway. Externally the property offers one allocated parking space, great communal grounds with bike shed and bin store.

- Minimum income requirement - £23,638

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

Available for £70,000 for 50% share based on the marketing figure of £140,000.

SO Resi Monthly Payment - £193.84
Monthly Service Charge - £125.28
Total Monthly Charge - £319.12 PLUS MORTGAGE REQUIRED FOR 50% SHARE.

Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resales/

Third floor: 2 bedrooms, bathroom with W.C., living room, kitchen

Outside: there appears to be an allocated parking space to the rear. There are communal areas, bike shed and bin store.

Approximate Area = 682 sq ft / 63.3 sq m

Key Features

Two bedrooms
Third floor flat
Double glazed
Good condition
Traditional construction
Under floor heating
Shared bike shed
Bin store
Allocated parking space
Communal areas
Close to local amenities

Map
Hook (40.25 miles) Amersham (51.54 miles) Chesham (51.72 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£70,000
Shared Ownership Resale
Estimated Monthly Cost:£668
Rent £194
Service Charge £125
Mortgage £349

Share percentage 50%, full price £140,000, £3,500 Min Deposit. Calculated using a representative rate of 3.94%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.